cynic
- 20 Oct 2007 12:12
rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.
for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ
for ease of reading, i have attached 1 year and 3 month charts in each instance
Seymour Clearly
- 27 Nov 2013 18:08
- 13551 of 21973
Skinny, that UKX one looks like a currency chart!
GJ sitting on around +100 with 60 locked in. Waiting for tomorrow.
Seymour Clearly
- 28 Nov 2013 08:17
- 13552 of 21973
Closed my GJ long this morning for +143, since when it's gone 40 pips higher. Anyway, still a good result. Unlikely to take any new trades this week unless I find time for a scalp, because of the US holidays and a bit of JPY news very much later today.
skinny
- 28 Nov 2013 09:59
- 13553 of 21973
Well done SC.
The DOW was just @16,145 to sell - about as high as I've seen it.
Shortie
- 28 Nov 2013 10:27
- 13554 of 21973
Well played Seymour.
skinny
- 28 Nov 2013 10:29
- 13555 of 21973
Just added some more FTSE @6,679.
Seymour Clearly
- 28 Nov 2013 10:29
- 13556 of 21973
I'm really posting just to show what can be done with Fx, also as a bit of a trade log. Not trying to boast at all.
Shortie
- 28 Nov 2013 11:00
- 13557 of 21973
DAX is also at historic levels...
skinny
- 28 Nov 2013 11:02
- 13558 of 21973
Well that latest short was in major profit almost immediately - unfortunately I have BDEV & TW in the same account!!
Shortie
- 28 Nov 2013 12:42
- 13559 of 21973
Still nothing to suggest a reversal in the upwards momentum of Wall St. Mind you I've done well today playing the FTSE, which remains range bound and seams to have almost developed resistence at 6700.
skinny
- 28 Nov 2013 12:44
- 13560 of 21973
I was tempted this morning for the first time in a while to short the DOW (post 13553)
- obviously I didn't!
Seymour Clearly
- 28 Nov 2013 17:10
- 13561 of 21973
Seymour Clearly
- 02 Dec 2013 09:30
- 13562 of 21973
GBP/JPY just shot up at 9.28 am - which is nice because I'm long again :-) (edit - thanks to manufacturing PMI)
skinny
- 02 Dec 2013 19:57
- 13564 of 21973
cynic
- 03 Dec 2013 04:24
- 13565 of 21973
as posted 7/10 days ago, i am already short S&P, though I was a bit premature in so doing
I also agree that dow has pretty much run out of puff, and a fall of 77 points last night will not have improved sentiment
if I have any sense I should also be considering seriously taking money out of my uk stocks
Seymour Clearly
- 03 Dec 2013 09:27
- 13566 of 21973
Struggling to find a trade today (and yesterday). All getting a bit toppy.
Edit, quick +16 from GJ - less than a minute :-)
skinny
- 03 Dec 2013 09:45
- 13567 of 21973
Shortie
- 03 Dec 2013 09:58
- 13568 of 21973
long USD/JPY short DOW
cynic
- 03 Dec 2013 10:54
- 13569 of 21973
can't be a bad call to short dow, even though it's already fallen about 120 points since yesterday
banked some good profits on part of BLNX and arguably should do same to other stuff